July 2012
2 posts
Why did RealPage (Nasdaq: RP) acquire AptBudget?...
On June 10, 2008 Georgianna Oliver officially became the Democratic candidate for the U.S. House of Representatives from the First District of Oklahoma. In order to finance her campaign, Ms. Oliver loaned $441,548.62 to her authorized committee, Oliver for Congress.
The first loan was taken out on July 11th, 2008 for $51,000. Ms. Oliver went on to make eighteen more personal loans to her...
The Curious Settlement of Yardi v. RealPage
On July 2nd RealPage (“RP”) and Yardi announced the settlement of their litigation.
First things first, my tail risk thesis has been rendered null and void by the settlement. I argued, in my last post, that the litigation could result in large monetary damages, which RealPage had not reserved for and could not afford to pay without taking a large hit to its future earnings. This...
